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We describe a new mechanism - what we call a booster draft - for allocating multiple, indivisible objects among a group of individuals. The mechanism’s appeal lies in its strategy-proofness and simplicity: Individuals take turns drawing objects from different sets - called boosters - and...
Persistent link: https://www.econbiz.de/10012385355
We explore the possibility of designing matching mechanisms that can accommodate non-standard choice behavior. We pin down the necessary and sufficient conditions on participants’ choice behavior for the existence of stable and incentive compatible mechanisms. Our results imply that...
Persistent link: https://www.econbiz.de/10013460341